Value of credit and debit card payments Singapore 2018-2022

Published by Lucas Romero, Jan 18, 2024
As of 2022, the value of credit and debit card payments in Singapore amounted to around 124 billion Singapore dollars. A wide range of e-payment options are available in Singapore, including PayNow, PayNow Corporate, and SGQR, as well as credit and debit cards.

Value of credit and debit card payments in Singapore from 2018 to 2022 (in billion Singapore dollars)

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Release date

August 2023

Region

Singapore

Survey time period

2018 to 2022

Supplementary notes

One Singapore dollar equals approximately 0.74 euros and 0.69 U.S. dollars (as of November 2023).

According to the source, SGQR is the world’s first unified payment QR code. It combines multiple payment QR codes into a single SGQR label, making QR payments simple for both consumers and merchants.

The figures have been rounded.

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Statistics on " Digital payments in Singapore "

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Overview

3

Key indicators

5

Bank cards

3

Mobile wallets

3

Online banking and electronic money

6

Other payment services

4

Consumer behavior

5

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Digital payments in Singapore Internet usage in SingaporeSmartphones in SingaporeFintech in Singapore5G in Singapore
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